Gold- Strong resistance ahead
Since the beginning of the month, Gold had a good run, gaining more than 700 pips and trading a the time of writing above 1750.
Although the momentum is bullish we are facing strong resistance above 1760 and a correction from this point is probable.
Short term traders can look for opportunities to sell this resistance and 1720 can be the target
Although the momentum is bullish we are facing strong resistance above 1760 and a correction from this point is probable.
Short term traders can look for opportunities to sell this resistance and 1720 can be the target
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